Utah Business Valuation

5.0from 80+ client reviews

Business valuations in Utah for donations, M&A, gift tax, and IRA conversion, prepared in accordance with USPAP and IRS requirements. AppraiseItNow appraises small businesses, partnerships, corporations, LLCs, and professional practices across Utah, including Salt Lake City, Provo, and Ogden.

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DEFENSIBLE, USPAP-COMPLIANT BUSINESS APPRAISAL REPORTS — QUALIFIED FOR THE IRS, UTAH COURTS, LENDERS, INSURERS, AND MORE.

  • IRS
  • GASB
  • Utah Courts
  • U.S. Small Business Administration
  • Chase
  • Zions Bancorporation
  • Bank of America

Credentialed Appraisers Serving Utah

Between them, our business valuation appraisers hold ASA, ABV, and CFA designations, and every report is written to USPAP for the IRS, Utah courts, lenders, insurers, and more.

Joe Kattan

Joe Kattan

Owner & CEO

Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.

Justin Ramirez

Justin Ramirez

Business Valuation Expert & Appraiser

ASA, ABV, and CFA charterholder. Since 2016 Justin has valued businesses for estate and gift tax, purchase price allocations, fairness opinions, lending, and buy-sell agreements, across manufacturing, services, retail, and pre-revenue biotech.

Raymond Ghelardi

Raymond Ghelardi

Business Valuation Expert & Appraiser

Accredited Senior Appraiser with the American Society of Appraisers. Raymond values capital stock, business enterprises, stock options, and intangible assets.

Aron Blue

Aron Blue

Client Success Manager

Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.

  • USPAPWritten to the Uniform Standards of Professional Appraisal Practice
  • American Society of AppraisersAccredited Senior Appraiser
  • AICPAAccredited in Business Valuation
  • CFA InstituteChartered Financial Analyst
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards

About Business Valuation Appraisals in Utah

AppraiseItNow provides professional business valuation appraisal services throughout Utah, supporting clients across a wide range of purposes including charitable donations, mergers and acquisitions, gift tax compliance, and IRA conversions. Utah's thriving economy, anchored by technology, finance, and outdoor recreation sectors, creates consistent demand for credible, well-documented business valuations in Salt Lake City and across the state. Whether you are navigating a complex M&A transaction, planning a business succession, or fulfilling IRS requirements for a qualified appraisal under IRC Section 2031 or Section 2512, our certified appraisers apply rigorous methodology and national standards to every engagement.

AppraiseItNow serves Utah businesses both remotely and onsite, making it easy to obtain a thorough valuation regardless of your location or the complexity of your business interests. From sole proprietorships in rural communities to multi-entity structures along the Wasatch Front, our appraisers are equipped to analyze financial records, assess industry conditions, and apply appropriate valuation approaches. Learn more about our appraisal services in Utah or explore our full business appraisal capabilities in detail. We offer Fair Market Value (FMV) appraisals for various intended uses.

What Types of Business Valuation Do We Appraise in Utah?

AppraiseItNow appraises a broad range of business types and ownership interests across Utah's diverse economic landscape, including:

  • Privately held corporations and S-corps
  • Limited liability companies (LLCs) and partnerships
  • Sole proprietorships and professional practices
  • Family-owned businesses and closely held entities
  • Fractional and minority ownership interests
  • ESOPs and employee ownership structures
  • Holding companies and investment entities
  • Startups and early-stage technology companies
  • Retail, hospitality, and service-based businesses
  • Healthcare practices and professional service firms

For more specialized engagements, our appraisers are experienced in valuing businesses with complex capital structures, intangible assets such as goodwill and intellectual property, and entities subject to discounts or premiums for lack of control or marketability. Utah courts and the IRS require that any applied discounts or premiums be explicitly stated and justified, and our reports meet that standard in full.

Who Does AppraiseItNow Serve in Utah?

AppraiseItNow serves business owners, attorneys, CPAs, financial advisors, estate planners, and individual taxpayers throughout Utah who need credible, IRS-compliant business valuations for donations, M&A transactions, gift tax filings, IRA conversions, and other financial or legal purposes. Whether you are a small business owner in Provo or a corporate stakeholder in Salt Lake City, our appraisers are ready to deliver the documentation you need.

What clients say we are known for

AppraiseItNow Reviews: “The report was quite thorough as well” and “The team was highly knowledgeable, helpful, and efficient”

  1. Being the appraiser they come back to“I highly recommend their appraisal services, especially for private companies” Steve R.Mentioned in 44 reviews
  2. Answering fast, and staying reachable while the work runsMentioned in 34 reviews
  3. Showing the research and the comparables behind the number“Their work was quick, thorough” Jeff H.Mentioned in 29 reviews
  4. Delivering the finished report ahead of the deadlineMentioned in 21 reviews
  5. Taking on items other appraisers had already turned downMentioned in 14 reviews

Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.

  • Responsive, professional, first class deliverables -- especially considering that that the appraised assets are extremely complex financial assets with little by way of comps. The deliverable satisfied my accountants and advisers as being more than adequate to support the valuation needed to complete a conversion to a Roth IRA
    Dave T. ·

    Business Valuation Appraisal for IRA Conversion

  • Joe and Aron were extremely impressive - the entire process went very smoothly. They were always quick to respond to any questions I had and could not have been more helpful. They were aware of some tight time restrictions I had and made sure I received my reports in a timely fashion. I highly recommend them to anyone needing a valuation.
    William L. ·

    Business Valuation Appraisal for Charitable Donation

  • I used AppraiseItNow to examine a contribution to a foundation. Their work was quick, thorough, and easy to work with, as they’ve developed a simple system for uploading documents. I plan to use them again.
    Jeff H. ·

    Business Valuation Appraisal for Charitable Donation

  • The team was highly knowledgeable, helpful, and efficient. I highly recommend their appraisal services, especially for private companies.
    Steve R. ·

    Business Valuation Appraisal for IRA Conversion

  • I found them professional & responsive. The report was quite thorough as well.
    Daniel L. ·

    Business Valuation Appraisal for Charitable Donation

  • Very thorough and professional — great communication and outstanding service. Highly impressed with their work!
    Curt B. , Washington, UT ·

AppraiseItNow delivers written business valuations for gift and estate tax, IRA conversions, charitable donations, and buy/sell agreements

Given the USPAP-compliant nature of AppraiseItNow’s appraisal reports, we prepare our deliverables for major legal, tax, and financial reporting purposes for individual and commercial clients.

Popular uses of our appraisal reports include:‍

Transactions, Lending & Investment

Frequently Asked Questions on Utah Business Valuations

Which valuation approaches apply to a Utah business appraisal?

Every credible business valuation considers the income, market, and asset-based approaches. Authoritative guidance from the IRS, AICPA, ASA, and NACVA requires that all three at least be considered, and a report that fails to document why an approach was rejected is a common deficiency flagged in review. We weigh each approach against your company's earnings, assets, and available market data.

Can I rely on an industry rule of thumb to value my Utah business?

No, professional standards restrict rules of thumb to secondary reasonableness checks. A multiple of revenue or earnings ignores your company's specific margins, customer concentration, and asset base, which is why owners who price a sale or settlement on a rule of thumb often leave value on the table or overstate it in negotiation.

Will my Utah estate owe state tax on a business interest?

No, Utah imposes no state estate or inheritance tax, so only the federal estate tax can apply. When a Utah estate holds a closely held business interest large enough to matter federally, the valuation must follow IRS fair market value rules with fully documented support, since business interests draw close scrutiny on estate returns.

Where do I contest a Utah business personal property value?

At the county board of equalization, within 60 days of the date the tax notice is mailed. An unfavorable county decision can then be appealed to the Utah State Tax Commission within a further 30 days. Because the window is short, a business that believes the schedule value overstates its assets should assemble market evidence, including an independent appraisal, promptly.